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20130319
20130319
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announcer ] with citibank it's easy for jay to deposit checks from anywhere. [ wind howling ] easier than actually going to the bank. mobile check deposit. easier banking. standard at citibank. makes it easy for anne to manage her finances when she's on the go. even when she's not going anywhere. citibank for ipad. easier banking. standard at citibank. >>> >>> welcome back. adobe systems on the move in the after-hours. let's head over to adobe headquarters in san jose, california, where jon fortt is standing by with adobe's man in charge. over to you, jon. >> reporter: thanks, maria. adobe definitely beat on top and bottom lines. wall street was looking for revenue around $986 million, eps of 31 cents. adobe did better than $1 billion in revenue and 35 cents. here with shantanu narayen. tell me, what particularly outperformed in this quarter? i know you're doing a transition suite to creative cloud and you expected revenues to maybe not be as good as they were. how did they turn out so good? >> well, the entire business, actually, jon, did really well. q1 was a great start to the fiscal y
announcer ] with citibank's popmoney, dan can easily send money by email right from his citibank account. nice job ben. [ male announcer ] next up, the gutters. citibank popmoney. easier banking. standard at citibank.
at a [ male announcer ] citibank's app for ipad makes it easy for anne to manage her finances when she's on the go. even when she's not going anywhere. citibank for ipad. easier banking. standard at citibank. to deposit checks from anywhere. [ wind howling ] easier than actually going to the bank. mobile check deposit. easier banking. standard at citibank. >> fremont, palo alto, north bay, and all the bay area, this is abc7 news. >> 5:42. in palo alto, a city council committee could take a step tonight toward expanding the city's smoking ban to three of the city small urban parks including in the downtown area and a park in the california avenue business district. our media partner, the "san jose mercury news" reports the city has received numerous complaints of the high legal of smoking at those three areas. if no smoking restrictions at the three parks are approved it could pave the way for an ordinance for all parks. >> and a folk singer went on a hue rant an a show using antigay slur in the midst of giving hero lidgous beliefs about gay people. half the audience walked out and the
work! okay. [ male announcer ] with citibank's popmoney, dan can easily send money by email right from his citibank account. nice job ben. [ male announcer ] next up, the gutters. citibank popmoney. easier banking. standard at citibank. to deposit checks from anywhere. [ wind howling ] easier than actually going to the bank. mobile check deposit. easier banking. standard at citibank. a> as >>> as a way to find out what will happen in tomorrow's all-important fed meeting, the most important event of the week by far, it's worth taking another look at the thing that money managers fear most. at least if you listen to all the talking heads chatter on and on about it. you know what i'm calling it, i'm calling it the feds' vote from hell. causing the economy to get dinged, stock prices get slammed. people freaking about all this almost nonstop. freak out from cyprus. even as i think it's a silly reason, frankly, to be afraid. i told you i would trust ben bernanke again. he's committed to keeping rates low until it's 6.5%, pretty far away from where we are. i explained why you shouldn't let s
"insufficient authority" and risk was "insufficiently evaluated" and that the citibank board had "no effective oversight." yet eight days later, ceo vikram pandit and chief financial officer gary crittenden personally signed the sarbanes-oxley certification. they attested to the bank's financial viability and the effectiveness of its internal controls. the deficiencies cited by the comptroller of the currency were never mentioned. citi said it didn't consider the problems serious enough that they had to be disclosed to investors and says the certifications were entirely appropriate. but nine months later, citigroup would need a $45 billion bailout and $300 billion more in federal guarantees just to stay in business. >> i don't think wall street senior people really think they'll ever end up in jail, and they've been right. >> frank partnoy, the securities lawyer and expert on sarbanes-oxley law, says the facts about citigroup raise some troubling questions. >> they certainly knew the internal controls were inadequate and that the company was out of control from a reporting perspective. >> and
Search Results 0 to 4 of about 5